House for sale

Overview

Great opportunity to own Phase one of Westland Lofts. Westland Lofts is a brand-new contemporary community located on the West side of Bozeman in Baxter Meadows. Buyer would be purchasing 2472 and 2468 Gallatin Green Blvd. with 23 units total 15 residential units and 8 commercial units 100% leased. 2472 Gallatin Green Blvd. consists of 16 Units (8- 2 bed 2 1/2 bath side by side residential with attached garages and 8 ground floor store front commercial spaces with 13ft. ceilings that are below each residential unit) Building 2468 Gallatin Green Blvd. consists of 7 residential units and backs to the trail system. All residential units have private walk-up entrances with no shared hallways, 9ft. ceilings, triple wall construction for sound, Andersen windows, quartz counters throughout, Kohler fixtures, stainless kitchen appliance package with a gas range, all bedrooms have their own bathroom with tiled walk-in showers, washer and dryer in each unit, and a covered balcony or patio. All garages have 9ft or 13ft ceilings and comes with an outlet for your electric vehicle charging station. Westland Lofts is surrounded on 3 sides by walking trails and backs to open space. GREAT LOCATION in Bozeman and beautiful views of the Bridger Mountains! Close to parks, shopping, restaurants, and only a short drive to the new Billings Clinic! Opportunity to purchase at additional price Phase 2 of Westland Lofts which will consist of an additional 16 residential units in two separate buildings located on the open space with great rooms, decks, and main bedroom facing the open space with Bridger Mountain views. Please call to schedule a showing. Professional photos available for all units. Phase two has all permits pulled and foundations and parking lot is in and you could be framing units today. Phase one is priced with a 5 % cap and 6% with depreciation, buyers to consult their accountant for depreciation numbers. Pro Forma availiable with signed NDA. Phase one and two can be bought as 39 individual condo units or bought by the building with a four-building condo association. Closing to be on or after Nov 1, 2024.